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1316 Franklin Ave
Waco, TX 76701
Industrial Property For Sale
Investment Highlights
- 8,400 SF industrial flex building in a central Waco location.
- Conditioned office space provides a comfortable administrative environment.
- Rear warehouse space with small yard offers additional storage and flexibility.
- Renovated in 2023 with updated improvements and functionality.
- Drive-in warehouse/storage area supports efficient operations and equipment access.
- M-2 zoning accommodates a variety of industrial and manufacturing uses.
Executive Summary
This 8,400-square-foot industrial flex property offers a versatile opportunity for investors and owner-users in the Waco market. Originally constructed in 1966 and extensively renovated in 2023, the property combines functional warehouse space with updated office accommodations to support a variety of industrial, manufacturing, distribution, and service-related operations. The layout includes a conditioned office area, a drive-in warehouse/storage component for efficient loading and equipment access, and a rear warehouse complemented by a small fenced yard for outdoor storage or operational needs. Zoned M-2, the property is well-suited for a broad range of industrial uses. Its location near downtown Waco provides convenient access to major transportation corridors, supporting efficient movement of goods, employees, and customers throughout the region. With recent renovations, flexible functionality, and a strategic location, this property presents a compelling opportunity within Waco's industrial market.
Property Facts
| Sale Type | Investment | Rentable Building Area | 8,400 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1926 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.23 AC | Opportunity Zone |
Yes
|
| Zoning | M1 - Industrial zoning permits a variety of warehouse, manufacturing, storage, distribution, and commercial service uses. | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 8,400 SF |
| No. Stories | 1 |
| Year Built | 1926 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1 - Industrial zoning permits a variety of warehouse, manufacturing, storage, distribution, and commercial service uses. |
Property Taxes
| Parcel Number | 48-041500-003900-4 | Improvements Assessment | $403,690 |
| Land Assessment | $59,400 | Total Assessment | $463,090 |
Property Taxes
Parcel Number
48-041500-003900-4
Land Assessment
$59,400
Improvements Assessment
$403,690
Total Assessment
$463,090
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